Broadband penetration in Nigeria declined to 41.56% in September even as the country intensifies efforts to achieve 70% through the implementation of the National Broadband Plan (NBP 2020-2025).
Nigeria’s bid to ensure that 70% of its citizens have access to broadband internet by 2025 is facing a serious threat with the rising cost of smartphones in the country.
Recent data on key industry fundamentals published by the NCC showed that the total number of broadband subscriptions grew 1.8% m/m and 19.0% y/y to 73.5 million.
The Federal Government has reiterated its commitment towards providing adequate broadband penetration in the country.
The Federal Government (FG) has reiterated its commitment towards ensuring the implementation of broadband strategy.
The NCC and a consortium of infrastructural companies disclosed they would raise N265 billion for the development of broadband infrastructures.
